← Leidos Holdings, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $366.0m
$581.0m +58.74%
$667.0m +14.80%
$670.0m +0.45%
$753.0m +12.39%
$685.0m -9.03%
$199.0m -70.95%
$1.3b +530.15%
$1.3b -0.24%
$1.4b +15.75%
—
Net Income (Loss) Available to Common Stockholders, Basic $364.0m
$582.0m +59.89%
— $670.0m
$629.0m -6.12%
$693.0m +10.17%
$208.0m -69.99%
$1.3b +502.88%
$1.3b -0.24%
$1.5b +16.87%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $364.0m $582.0m $670.0m — $759.0m $693.0m $208.0m $1.3b $1.5b $1.5b —
Net Income (Loss) Attributable to Noncontrolling Interest ($2.0m) $1.0m $3.0m — $6.0m $8.0m $9.0m ($3.0m) — $14.0m —
Depreciation, Depletion and Amortization $336.0m $257.0m $234.0m $234.0m $325.0m $333.0m $331.0m $290.0m $290.0m $290.0m $302.0m
Amortization of Debt Issuance Costs and Discounts — — $10.0m — $11.0m $11.0m — — — — —
Amortization of Intangible Assets $281.0m $201.0m $173.0m — $228.0m $230.0m $202.0m $147.0m — $130.0m —
Depreciation $55.0m $56.0m $61.0m $234.0m $97.0m $103.0m $129.0m $143.0m $290.0m $160.0m $160.0m
Amortization Cash Flow — — — — — $230.0m $202.0m $147.0m $130.0m — —
Amortization Of Intangibles — — — — — $230.0m $202.0m $147.0m $130.0m — $130.0m
Depreciation Amortization Depletion — — — — — $333.0m $331.0m $290.0m $290.0m — $302.0m
Deferred Income Tax Expense (Benefit) — — $18.0m — ($26.0m) ($211.0m) ($109.0m) ($98.0m) $369.0m — $167.0m
Deferred income taxes $132.0m ($49.0m) — $18.0m ($4.0m) ($211.0m) ($109.0m) — ($98.0m) $369.0m $167.0m
Deferred Tax — — — — — ($211.0m) ($109.0m) ($98.0m) $369.0m — $167.0m
Share-based Payment Arrangement, Noncash Expense $43.0m $44.0m $52.0m — $67.0m $73.0m $77.0m $85.0m — $95.0m $100.0m
Share-based Payment Arrangement, Expense — — — — $67.0m $73.0m $77.0m $85.0m — $95.0m $100.0m
Stock-based compensation $43.0m $44.0m — $52.0m $62.0m $73.0m $77.0m $85.0m $85.0m $95.0m $100.0m
Goodwill and Intangible Asset Impairment — — — — — — $596.0m $0 — $0 —
Goodwill, Impairment Loss — — — — $0 $0 — — — — $5.0m
Impairment of Intangible Assets, Finite-lived — — — — — — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — $0 $0 — — — — —
Goodwill impairment charges — — — — $0 $0 $596.0m — $0 $0 —
Asset impairment charges $0 $7.0m — $0 $12.0m $40.0m $91.0m — $11.0m $5.0m $5.0m
Asset Impairment Charge — — — — — $40.0m $687.0m $11.0m $5.0m — $5.0m
Income (Loss) from Equity Method Investments $13.0m $18.0m $18.0m — $20.0m $12.0m $30.0m $39.0m — $32.0m —
Other Nonoperating Income (Expense) ($26.0m) ($1.0m) $87.0m — ($1.0m) ($3.0m) ($6.0m) $5.0m — $3.0m —
Change In Working Capital — — — — — $38.0m ($35.0m) ($148.0m) ($480.0m) — $288.0m
Accounts Receivable, Credit Loss Expense (Reversal) $10.0m $0 $12.0m — ($9.0m) — — — — — ($3.0m)
Receivables ($191.0m) ($58.0m) — $116.0m ($127.0m) ($174.0m) ($65.0m) — ($220.0m) ($46.0m) ($3.0m)
Change In Receivables — — — — — ($174.0m) ($65.0m) ($220.0m) ($46.0m) — ($3.0m)
Accounts payable and accrued liabilities and other long-term liabilities — ($14.0m) — ($71.0m) $151.0m ($149.0m) $31.0m — ($160.0m) ($308.0m) $49.0m
Change In Payables And Accrued Expense — — — — — ($45.0m) $48.0m $4.0m ($307.0m) — $49.0m
Purchases of property and equipment, accrued but unpaid $81.0m $73.0m $121.0m — — — — — — — ($137.0m)
Accrued payroll and employee benefits $8.0m ($12.0m) — ($29.0m) $161.0m $98.0m ($5.0m) — $121.0m $1.0m —
Change In Accrued Expense — — — — — $98.0m ($5.0m) $121.0m $1.0m — $28.0m
Other current assets and other long-term assets — ($17.0m) — $41.0m $104.0m $160.0m $140.0m — $96.0m $19.0m —
Change In Other Current Assets — — — — — $160.0m $140.0m $96.0m $19.0m — $91.0m
Net Cash Provided by (Used in) Operating Activities $0 $768.0m
$992.0m +29.17%
$992.0m 0.00%
$1.0b +3.93%
$986.0m -4.36%
$1.2b +18.15%
$1.4b +19.48%
$1.4b 0.00%
$1.8b +25.72%
$2.3b +31.43%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $81.0m $73.0m $121.0m $27.0m $4.0m $7.0m $2.0m ($149.0m) $72.0m $5.0m ($137.0m)
Gain (Loss) on Disposition of Property Plant Equipment $0 ($73.0m) — ($121.0m) ($183.0m) ($129.0m) ($207.0m) — ($149.0m) ($125.0m) —
Payments to Acquire Businesses, Net of Cash Acquired $0 $81.0m $94.0m — $622.0m $192.0m $6.0m $0 — $293.0m ($2.3b)
Acquisitions of businesses, net of cash acquired $0 ($81.0m) — ($94.0m) ($2.7b) ($192.0m) ($6.0m) — $0 ($293.0m) —
Payments for (Proceeds from) Other Investing Activities ($2.0m) — ($1.0m) — $4.0m $13.0m $0 ($5.0m) — ($4.0m) —
Net Other Investing Changes — — — — ($4.0m) ($7.0m) — $7.0m $4.0m — $4.0m
Net Cash Provided by (Used in) Investing Activities ($71.0m) ($114.0m) $65.0m $65.0m ($730.0m) ($313.0m) ($211.0m) ($142.0m) ($142.0m) ($405.0m) ($2.5b)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt — — — — $0 $0 — — — — —
Repayments of Long-term Debt — — — — $106.0m — — — — — ($470.0m)
Proceeds from debt issuance $0 $0 — $0 $7.2b $380.0m $1.7b — $0 $997.0m —
Repayments of borrowings ($209.0m) ($59.0m) — ($80.0m) ($106.0m) ($545.0m) ($2.0b) — ($18.0m) ($1.0b) —
Payments for debt issuance and modification costs ($4.0m) ($8.0m) — $0 ($51.0m) $0 ($7.0m) — $0 ($7.0m) —
Issuance Of Debt — — — — — $380.0m $1.7b $0 $997.0m — $1.4b
Long Term Debt Issuance — — — — — $380.0m $1.7b $0 $997.0m — $1.4b
Long Term Debt Payments — — — — — ($545.0m) ($2.0b) ($18.0m) ($1.0b) — ($470.0m)
Net Issuance Payments Of Debt — — — — — ($165.0m) ($302.0m) ($18.0m) ($22.0m) — $927.0m
Net Long Term Debt Issuance — — — — — ($165.0m) ($302.0m) ($18.0m) ($22.0m) — $927.0m
Repayment Of Debt — — — — — ($545.0m) ($2.0b) ($18.0m) ($1.0b) — ($470.0m)
Payments for Repurchase of Common Stock — $167.0m $25.0m — $237.0m $0 $225.0m $850.0m — $400.0m —
Common Stock Dividend Paid — — — — — ($199.0m) ($201.0m) ($208.0m) ($211.0m) — ($216.0m)
Common Stock Issuance — — — — — $48.0m $50.0m $55.0m $62.0m — $64.0m
Common Stock Payments — — — — — ($542.0m) ($246.0m) ($906.0m) ($944.0m) — ($722.0m)
Issuance Of Capital Stock — — — — — $48.0m $50.0m $55.0m $62.0m — $64.0m
Net Common Stock Issuance — — — — — ($494.0m) ($196.0m) ($851.0m) ($882.0m) — ($658.0m)
Repurchase Of Capital Stock — — — — — ($542.0m) ($246.0m) ($906.0m) ($944.0m) — ($722.0m)
Dividends paid $0 $0 — — — — — — — — ($216.0m)
Dividends Payable, Current $17 $12 — — — — — — — — —
Dividends Payable $3 $3 — — — — — — — — —
Dividend payments ($198.0m) ($198.0m) — ($198.0m) ($196.0m) ($199.0m) ($201.0m) — ($208.0m) ($211.0m) —
Cash Dividends Paid — — — — — ($199.0m) ($201.0m) ($208.0m) ($211.0m) — ($216.0m)
Proceeds from (Payments for) Other Financing Activities $0 ($1.0m) $0 $0 $0 $0 $0 ($1.0m) ($1.0m) ($7.0m) —
Net Other Financing Charges — — — — — ($7.0m) ($16.0m) ($7.0m) ($30.0m) — ($35.0m)
Net Cash Provided by (Used in) Financing Activities ($429.0m)
($707.0m) -64.80%
($709.0m) -0.28%
($709.0m) 0.00%
($113.0m) +84.06%
($865.0m) -665.49%
($715.0m) +17.34%
($1.1b) -51.61%
($1.1b) 0.00%
($1.1b) -5.63%
$18.0m +101.57%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $26.0m ($53.0m) $348.0m — $188.0m ($192.0m) $245.0m $156.0m — $213.0m $782.0m
Cash, cash equivalents and restricted cash at beginning of year $396.0m $422.0m — $717.0m $687.0m $683.0m $928.0m — $1.1b $1.2b —
Beginning Cash Position — — — — — $875.0m $525.0m $792.0m $991.0m — $930.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $422.0m $369.0m $717.0m — $875.0m $683.0m $928.0m $1.1b — $1.2b $782.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $6.0m ($10.0m) — $13.0m ($1.0m)
Net increase in cash, cash equivalents and restricted cash $26.0m ($53.0m) — $348.0m ($30.0m) ($192.0m) $245.0m — $156.0m $213.0m —
Less: restricted cash at end of year — — — $49.0m $148.0m $167.0m $151.0m — $141.0m $96.0m —
Effect of foreign exchange rate changes on cash and cash equivalents — — — — ($2.0m) ($6.0m) $6.0m — ($10.0m) $13.0m —
Effect Of Exchange Rate Changes — — — — — ($6.0m) $6.0m ($10.0m) $13.0m — ($1.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $133.0m $172.0m $172.0m $182.0m $195.0m $207.0m $226.0m $226.0m $220.0m —
Income Taxes Paid, Net — $70.0m $142.0m $142.0m $221.0m $217.0m $435.0m $460.0m $460.0m $276.0m —
Noncash investing and financing activities:
Additional Financial Items
Foreign Currency Transaction Gain (Loss), before Tax — — — — — ($18.0m) — — — — —
Foreign Currency Transaction Gain (Loss), Realized $5.0m $2.0m ($1.0m) — ($1.0m) ($3.0m) — — — — —
Gain (Loss) on Disposition of Business — — $88.0m — ($3.0m) $0 — — — — —
Gain (Loss) on Sale of Properties $0 — — — — — — — — — —
Goodwill $5.0b $4.9b $4.9b — $6.7b $6.7b $6.1b $6.1b — $6.3b $5.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $364.0m — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — — —
Income Tax Expense (Benefit) $29.0m $28.0m $196.0m — $208.0m $193.0m $195.0m $388.0m — $447.0m —
Operating Lease, Lease Income — — $28.0m — $32.0m $35.0m $39.0m $26.0m — $21.0m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax — — — — — — — — — — —
Payments of Financing Costs — — — — — — — — — — —
Proceeds from Noncontrolling Interests — — — — $41.0m — — — — — —
Proceeds from (Payments to) Noncontrolling Interests — — — — — ($7.0m) ($9.0m) ($6.0m) — ($16.0m) —
Restructuring Costs — — — — — — — — — — —
Sales-type Lease, Selling Profit (Loss) — — ($2.0m) — $20.0m $13.0m $10.0m $15.0m — $11.0m —
Income taxes receivable/payable ($151.0m) ($39.0m) — $34.0m $14.0m $97.0m ($158.0m) — ($28.0m) ($146.0m) —
Proceeds from disposition of businesses $0 $0 — $178.0m $0 $15.0m $2.0m — $0 $9.0m —
Repurchases of stock and other ($31.0m) ($438.0m) — ($458.0m) ($105.0m) ($542.0m) ($246.0m) — ($906.0m) ($944.0m) —
Proceeds from issuances of stock $13.0m $14.0m — $27.0m $35.0m $48.0m $50.0m — $55.0m $62.0m —
Net capital distributions to non-controlling interests — — — — $38.0m ($7.0m) ($9.0m) — ($6.0m) ($16.0m) —
Cash and cash equivalents at end of year — — — $668.0m $727.0m $516.0m $777.0m — $943.0m $1.1b $782.0m
Finance lease obligations — — — $0 $51.0m $1.0m $65.0m — $0 $0 —
Cash Flow From Continuing Financing Activities — — — — — ($865.0m) ($715.0m) ($1.1b) ($1.1b) — $18.0m
Cash Flow From Continuing Investing Activities — — — — — ($313.0m) ($211.0m) ($142.0m) ($405.0m) — ($2.5b)
Change In Account Payable — — — — — ($143.0m) $53.0m ($117.0m) ($308.0m) — $49.0m
Change In Cash Supplemental As Reported — — — — — ($192.0m) $267.0m $199.0m $213.0m — —
Change In Other Working Capital — — — — — $97.0m ($158.0m) ($28.0m) ($146.0m) — $123.0m
Change In Payable — — — — — ($143.0m) $53.0m ($117.0m) ($308.0m) — $49.0m
Changes In Cash — — — — — ($186.0m) $261.0m $209.0m $200.0m — ($148.0m)
End Cash Position — — — — — $516.0m $641.0m $849.0m $1.1b — $782.0m
Financing Cash Flow — — — — — ($865.0m)
($715.0m) +17.34%
($1.1b) -51.61%
($1.1b) -5.63%
— $18.0m
Free Cash Flow — — — — — $863.0m $980.0m $1.3b $1.6b — $2.2b
Investing Cash Flow — — — — — ($313.0m) ($211.0m) ($142.0m) ($405.0m) — ($2.5b)
Net Business Purchase And Sale — — — — — ($177.0m) ($4.0m) $0 ($284.0m) — ($2.3b)
Net PPE Purchase And Sale — — — — — ($129.0m) ($207.0m) ($149.0m) ($125.0m) — ($137.0m)
Other Cash Adjustment Outside Changein Cash — — — — — ($167.0m) ($151.0m) ($142.0m) ($96.0m) — —
Other Non Cash Items — — — — — $26.0m $28.0m $44.0m $9.0m — —
Purchase Of Business — — — — — ($192.0m) ($6.0m) $0 ($293.0m) — ($2.3b)
Purchase Of PPE — — — — — ($129.0m) ($207.0m) ($149.0m) ($125.0m) — ($137.0m)
Sale Of Business — — — — — $15.0m $2.0m $0 $9.0m — $13.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.